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AFDPMDQF02
Rev.00/0501201718th Floor Three Cyberpunk CentrisNorth Tower ESA cor. Quezon Avenue, Quezon City
Tel No. 8774006 / Fax 8774099 TIN # 000844550
REQUEST FOR QUOTATION
Date:
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How to fill out request for quotation

How to fill out request for quotation
01
Start by gathering all the necessary information about the product or service you are looking to procure.
02
Identify the suppliers or vendors that you want to send the request for quotation to.
03
Prepare a clear and detailed description of your requirements, including specifications, quantity, delivery date, and any other relevant information.
04
Create a template for the request for quotation that includes all the necessary fields, such as company name, contact details, and a space for the supplier to provide the quotation details.
05
Send the request for quotation to the selected suppliers or vendors via email or through an online procurement platform.
06
Follow up with the suppliers to ensure they received the request and provide them with any additional information or clarifications they may need.
07
Set a deadline for the suppliers to submit their quotations and communicate this deadline clearly in the request for quotation.
08
Review the received quotations, comparing the prices, terms, and conditions offered by each supplier.
09
Evaluate the reputation, reliability, and overall credibility of the suppliers before making a final decision.
10
Make sure to communicate your decision to the suppliers, whether it is accepting a quotation, negotiating the terms, or rejecting the offer. Thank them for their time and consideration.
Who needs request for quotation?
01
Request for quotation is needed by businesses or organizations that want to procure products or services from external suppliers or vendors.
02
It is commonly used in various industries such as manufacturing, construction, retail, and hospitality.
03
Small businesses, medium-sized enterprises, and large corporations all use request for quotation to streamline their procurement process, compare prices, and select the most suitable supplier.
04
Request for quotation helps in obtaining competitive bids, ensuring transparency, and making informed purchasing decisions.
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What is request for quotation?
Request for quotation is a document used in procurement to request quotes from suppliers for a specific product or service.
Who is required to file request for quotation?
The purchasing department or procurement team is typically responsible for filing a request for quotation.
How to fill out request for quotation?
To fill out a request for quotation, you need to include details about the product or service needed, quantities, specifications, and any other relevant information.
What is the purpose of request for quotation?
The purpose of request for quotation is to gather pricing information from suppliers to make informed purchasing decisions.
What information must be reported on request for quotation?
Information such as product or service details, quantities, specifications, delivery requirements, and pricing terms must be reported on a request for quotation.
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